Friday, March 29, 2013

HINDALCO: On a reversal pattern, good opportunity to long

Hi friends, this week I am bullish in a few stocks along with NIFTY and  RELIANCE ,HINDALCO is another one.CMP 91.6 not  a bad entry but 89.6-90.6 would be far better.because of stop loss is 87. By the way on daily chart RSI has started working. May be it won't stopped before 99.5 and 105. Manage your trade as per your risk factor. Have a happy trading.

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